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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Genevie
GenevieActive Contributor
Asked: September 3, 20232023-09-03T21:04:13+00:00 2023-09-03T21:04:13+00:00In: Money & Business

What prevents you from starting your own business?

There are many people who give excuses for not venturing into the kind of business they want or not even starting at all. Some say things like, lack of finance, location, planning etc. What do you think can prevent someone from not starting their own business?

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4 Answers

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  1. Crystal
    Crystal Knowledge Seeker Experience on Blockchain technologies.
    2023-09-03T21:21:14+00:00Added an answer on September 3, 2023 at 9:21 pm

    It's a good question. I have intention of getting involved in some business to increase my monthly income, but the problem I have is starting capital, and another problem is locations. You know there's a kind of business which you will get more customers and boom your business due to your location.Read more

    It’s a good question.

    I have intention of getting involved in some business to increase my monthly income, but the problem I have is starting capital, and another problem is locations.

    You know there’s a kind of business which you will get more customers and boom your business due to your location.

    If I have like $1,000 now, I mean presently, I could invest it at omega Network project. They offer best yield rewards on cryptocurrency staking this year, and I really like their performance.

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  2. Augusta
    Augusta Enlightened Mentor
    2023-09-04T15:50:24+00:00Added an answer on September 4, 2023 at 3:50 pm

    This question is directed to me because I have been looking to start my business as early as last year but till now I haven't been able to start it off I hope that by next year I should be able to kick it off. I have the issue of enough capital. Finance as been the problem I'm having now. I want toRead more

    This question is directed to me because I have been looking to start my business as early as last year but till now I haven’t been able to start it off I hope that by next year I should be able to kick it off. I have the issue of enough capital. Finance as been the problem I’m having now. I want to start a building materials business but this capital intensive but the good thing from my research is that it is highly lucrative and profitable. So I’m not relenting in try to gather and save enough money to start it off.

    So what is my restrictions is just the right amount of finance to kick-start it.

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  3. Precious
    Precious Knowledge Seeker KIDI CARE
    2023-09-12T01:43:11+00:00Added an answer on September 12, 2023 at 1:43 am

    Some people don't even like the idea of starting a business due to one or two reasons but there are people that have different styles of business plan to operate but the lack the capital to start the business, there are some people that have the capital to operate a good business but the lack the knRead more

    Some people don’t even like the idea of starting a business due to one or two reasons but there are people that have different styles of business plan to operate but the lack the capital to start the business, there are some people that have the capital to operate a good business but the lack the knowledge of running a successful business.

    For me I wound have start my own personal business if not for lack of capital, I’m sure others are facing this type of situation too.

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  4. Mika
    Mika Expert Mind
    2023-09-12T03:38:28+00:00Added an answer on September 12, 2023 at 3:38 am

    I have a small business. I sell through ecommerce marketplace. However, I also have business ideas that I want to test but I am afraid to test. There are various reasons for this. If I want to work on the business idea that I have in my mind, I will have to wok for a long time without making any monRead more

    I have a small business. I sell through ecommerce marketplace. However, I also have business ideas that I want to test but I am afraid to test. There are various reasons for this. If I want to work on the business idea that I have in my mind, I will have to wok for a long time without making any money, and at the moment I do not have the luxury to work without making money for a long time as I need to constantly work to pay my bills.

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